Iconic Richmond Restaurant For Sale
Melbourne Region VIC Region, Victoria
SOLD
Key Features
AI generated. Contact seller to confirm.
- 4.5-star Google rating from 330 reviews
- Modern fusion Japanese restaurant on Swan Street
- Fully managed under absentee ownership
- Team of five full-time and one part-time staff
- 507 sqm premises with $1.4 million renovation
- Public transport access and ample street parking
- Turnover: $29,000 average revenue
- Rent/Lease: $2,398 per week until September 2026
- Established: Flourished for eight years
Business Details
Business Category Restaurant
Introducing an established Japanese restaurant nestled in the heart of Richmond's infamous Swan Street.
Boasting a solid 4.5-star rating on Google from 330 reviews, this culinary gem offers a modern fusion experience. Operating with flexibility from Wednesday to Monday for both lunch and dinner, it achieves an impressive average revenue of $29,000.
Having flourished for eight years, the restaurant underwent a transformative renovation in 2020, elevating its ambiance and culinary offerings. Despite being under absentee ownership, the business is fully under management and supported by a dedicated team of five full-time and one part-time staff ensures seamless operations.
Strategically positioned on a bustling street, the restaurant enjoys consistent foot and road traffic, making it a hotspot for culinary enthusiasts. Boasting a spacious 507 sqm premises, which underwent a $1.4 million renovation, the location offers modern amenities and a captivating atmosphere.
With rental terms at $2,398 per week until September 2026, the restaurant benefits from its proximity to public transport and ample street parking, catering to a diverse clientele ranging from families to young adults and event attendees.
This turnkey opportunity presents the potential for various culinary concepts, with full management already in place. With the chance to optimize operational costs, particularly in wages, there's ample room to enhance profitability and further solidify its position as a culinary destination in Richmond's thriving dining scene
Listing ID: ME02891
Broker: Nadia Polzella
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME02891
Timestamp: XXXXXXXXXX 3002
Boasting a solid 4.5-star rating on Google from 330 reviews, this culinary gem offers a modern fusion experience. Operating with flexibility from Wednesday to Monday for both lunch and dinner, it achieves an impressive average revenue of $29,000.
Having flourished for eight years, the restaurant underwent a transformative renovation in 2020, elevating its ambiance and culinary offerings. Despite being under absentee ownership, the business is fully under management and supported by a dedicated team of five full-time and one part-time staff ensures seamless operations.
Strategically positioned on a bustling street, the restaurant enjoys consistent foot and road traffic, making it a hotspot for culinary enthusiasts. Boasting a spacious 507 sqm premises, which underwent a $1.4 million renovation, the location offers modern amenities and a captivating atmosphere.
With rental terms at $2,398 per week until September 2026, the restaurant benefits from its proximity to public transport and ample street parking, catering to a diverse clientele ranging from families to young adults and event attendees.
This turnkey opportunity presents the potential for various culinary concepts, with full management already in place. With the chance to optimize operational costs, particularly in wages, there's ample room to enhance profitability and further solidify its position as a culinary destination in Richmond's thriving dining scene
Listing ID: ME02891
Broker: Nadia Polzella
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME02891
Timestamp: XXXXXXXXXX 3002
